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Nov 6, 2013 4:00am EST
year. >>> microsoft, meanwhile, has reportedly narrowed the list of possible people to replace steve bo balmer as ceo. the candidates have been whittled down to five. microsoft has identified at least three internal candidates, including the former skype c he o tony bates. the process could still take a few more months. in august, balmer announced he would retire within a year. they've got some type time. microsoft is certainly up 0.8% in frankfurt. >>> apple has been disclosing for the first time the number of information requests it gets from governments around the world. it's the last major tech company to do so in the wake of the controversy of its data collection by the nsa. apple says in the fist half of the year, it receives between 11,000 and 2,000 requests from u.s. law enforcement. under u.s. restrictions, tech companies are only allowed to report numbers in increments of 1,000 and must combine law enforcement and national security requests which makes it harder to know exactly how much are, in fact, security related. >>> yep, just in case you didn't know, twitter is expect
Nov 4, 2013 4:00am EST
will probably become a family office managing only the money of founder steve cohn and some certain employees, his family members as well. while they hope to reregister, karen, i'm told as a hedge fund down the line, really this is the end of an era for one of the most successful firms in history and one that still manages to this day about $13 billion. >> thank you so much for setting the scene. we'll come back to the developments throughout the course of the day. kate kelly reporting for us for cnbc. >>> here's a quick look at how markets are performing right now. we're still holding on to much of the green across the european nation. we've pulled back on some of the highs, up about half of 1%. a lot of it is driven from hsbc. you can see a cross even the periphery they have some modest increases. a tenth of a percent. the u.s. market will try to move into positive territory. the stock today, brand new trading week. the markets have been traveling around the highs of the session as well so we've got much coming up this week in terms of u.s. gdp numbers and the u.s. trading numbers
Nov 13, 2013 4:00am EST
steve jobs of automobiles. he says if he ever started another company, it might involve supersonic electric airplanes. musk says he thinks the future where just about everything will run on electric power. >> i feel confident in predicting the long-term that all transport will be 100% electric. with the ironic exception of rockets. unfortunately, there's no way around newton's law. i think people will look back on this era like we look back on the steam engine. it's quaint and, you know, we should have a few of those around in a museum. but it's not how people will drive. >> musk is also not one to back down from a fight, firing back at hollywood superstar george clooney. clooney told "esquire" magazine he used to own a tesla roadster, but complained about always be stuck on the side of the road. clooney reported lly auctioned s off for charity for $99,000. musk says the comments were needless and george clooney reported his iphone 1 had a virus in 2007. >> something else to look at, as well. we've got the full art auction get ago big boost last night. christie's bacon painting sol
Nov 22, 2013 4:00am EST
sector. as steve has been speaking to various officials from the nigerian policymakers -- >> it's one of those things where you're doing "squawk box" and then somebody says to me, there's a really interesting interview in the afternoon, and i did this and it was absolutely fascinating. i didn't know a lot about nigeria, ross, but what i know quite a bit about is the energy sector and i've spoken to their oil minister a lot over the years of the problems they've got. so, that's my thought, oil, problems, bad problems with shell and we've heard of them at each other's throats at the time. >> and? >> the point is, i've come away with a good impression on it. it's got a population of 173 million and is growing fast. it could have the same population as the u.s. by 2015 and they're trying to diversify. 25% of revenues are oil-based and they have massive theft problems. there are still big property problems, poverty issues, corruption problems, infrastructure problems. so, that's all there, but as a country that is actually trying to use some of their wealth to diversify and move up the
Nov 29, 2013 4:00am EST
to "squawk box" here on cnbc. i'm becky quick along with andrew ross sorkin and steve liesman, who is in for joe kernen today. o is enjoying a day off. our top story today, of course, it's retail. so we are lucky enough to have our industry expert dana telsey here this morning. >> thank you. thank you for having me. >> have you slept? >> i don't believe in sleeping, not when the stores are open. >> that's what we figured. we'll talk more to dana in just a moment. at least a dozen retail chains opened their stores yesterday. it did make for some big thanksgiving day sales. overall, the national retail federation expects sales to be up by 3.9% during the last two months of the year. that is higher than last year's 3.5% growth. but it's below the 6% rates that we saw just before the
Search Results 0 to 4 of about 5